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Blackstone Affiliate Sues Over Fees

By

Chad Bray

Updated Jan. 25, 2011 9:32 a.m. ET

NEW YORK—An affiliate of Blackstone Group LP has sued the founder of InfoGroup Inc. for nearly $6.8 million in fees it claims it is owed after InfoGroup was acquired by CCMP Capital Advisors LLC last year.

The lawsuit, filed in New York state court in Manhattan, alleges Vinod Gupta, InfoGroup's ex-chairman and chief executive, hired Blackstone Advisory Services LP to provide financial advisory services and Mr. Gupta has failed to pay....